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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,099,000
Cap Rate The capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.
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Lot Size
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Building Size
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Premise Summary
Great Opportunity to own a Fantastic Property in Prime Real Estate Location!!Welcome to Casa Loma district at St Clair/Bathurst!!Property Features 1100 Sq Ft + Retail office space, 2 recently renovated separate one bedroom units on second floor (completed 2023). (One unit currently rented & is near end of lease) Basement can also be used with outside entrance to the back. 2 Garages spaces at rear of building. Loads of potential! Just walking distance from Forest Hill neighbourhood, Casa Loma, parks, Wychwood Library, multiple schools, & load of shopping. Steps away from St Clair West Subway Station, 2 major bus routes. & 10 mins drive to Downtown core! Great for End User or Investor. Don't let this excellent opportunity pass you by. **** EXTRAS **** Property has TWO furnaces 2 Water Heaters, all plumbing new, to city sewers( no lead pipes) New upgraded Electrical (no knob and tubes!) (id:39198)
Location
Province
Ontario
City
Toronto
Address
1375 Bathurst St
Postal Code
M5R3H8
Location Highlights
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Listed by
ROYAL LEPAGE SIGNATURE REALTY Ontario listing
Category
Property Information
Premise Status
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With Accommodation
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Tenancy
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Lot Size
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Available Space
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Building Size
2,304
Year Built
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Years Remaining in Current Lease Term
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Renewal Options
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Operational Information
Number of Working Owners
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Current Owner - years
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FF & E Furniture, Fixtures & Equipment that remain with the business.
Not Included
Inventory Value - approximate Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.
Not Included
Franchise
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Financial Information
Yearly Rate
$1,099,000
Asking Price
$1,099,000
Cap Rate The capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.
N/A
NOI Net Operating Income equals all revenue from the property, minus all reasonably necessary operating expenses.
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Gross Revenue- annual
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Cash Flow - annual
1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
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EBITDA Earnings Before Interest, Taxes, Depreciation, Amortization.
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Premises Size (square feet)
2,304
Other Information
Owner willing to Finance
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Absentee Owner
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Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
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